ConNova Appoints New CEO.Business Editors STOCKHOLM, Sweden--(BUSINESS WIRE)--Dec. 6, 2000 ConNova Group AB (Publ.) has appointed Christian Ekstrom as its new CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. . He joins the company from Edgecom, a wholly-owned consulting company Noun 1. consulting company - a firm of experts providing professional advice to an organization for a fee consulting firm business firm, firm, house - the members of a business organization that owns or operates one or more establishments; "he worked for a within the Ericsson group that operates in the field of the mobile Internet Refers to gaining access to the Internet using a lightweight, handheld device. See Mobile IP, PDA, smartphone and mobile TV. , where he held the position of Senior Vice President and COO. Christian Ekstrom will assume his duties in the first quarter of 2001. ConNova's present CEO and founder of the company, Bjorn Persson, will stay on the Board of ConNova and also intends to remain as a major shareholder of the company. "Over recent years we have been focusing heavily on developing BizManager, our flagship product A primary product of a company, which is typically why the company was founded and/or what made it well known. For example, MS-DOS, Windows and the Microsoft Office suite have been flagship products of Microsoft. CorelDRAW is a flagship product of Corel Corporation. within Customer Care and Billing. With a couple of large reference systems up and running, we have established a solid base for an increase in sales and expansion into new market segments. Christian Ekstrom has the combination of international experience from a large organization and genuine industry expertise that ConNova needs for its next step in developments. I'm very pleased to be handing over the daily operations to Christian Ekstrom," says Bjorn Persson, present CEO of ConNova. "After reviewing ConNova's products, expertise and markets very thoroughly, I am convinced that the company has got what it takes to generate excellent future growth. The company has already been successful in developing a competitive product, which it has launched into the market. In my view, this is a perfect platform for the next step in our progress. ConNova has all that it needs to consolidate a long-term position as an attractive supplier of Customer Care and Billing services for pay TV. However, I believe that the major challenges and possibilities lie in the new segments that are sprouting up - for example within the fast-growing area of 3G mobile Internet services, which is a field I know well. I see tremendous opportunities in introducing ConNova's products and expertise into these segments too. This would give ConNova access to a considerably larger market in pace with operators introducing new services," says Christian Ekstrom. ConNova. ConNova specializes in developing and supplying business support systems for multimedia operators in the fields of pay-TV, the Internet, broadband and telecoms services. The company has 15 year's experience from the industry. ConNova's offering extends from consulting services Noun 1. consulting service - service provided by a professional advisor (e.g., a lawyer or doctor or CPA etc.) service - work done by one person or group that benefits another; "budget separately for goods and services" to the development of software adapted to meet the very latest market requirements. Within the framework of ConNova TVX TVx Target Vertex TVX Transmission Valid Timer (FDDI) TVX Valid Transmission AB, the company also runs customer services on an assignment basis for European pay-TV operators. ConNova's present customers are mainly found in the fields of cable TV, DTT DTT Deloitte Touche Tohmatsu (Deloitte & Touch Global Operations) DTT Dithiothreitol (cytology reagent) DTT Digital Terrestrial Television DTT Discrete Trial Training (Digital Terrestrial Television Digital Terrestrial Television (DTTV or DTT) is an implementation of digital technology to provide a greater number of channels and/or better quality of picture and sound using aerial broadcasts to a conventional antenna (or aerial) instead of a satellite dish or ), multimedia and telecommunications Communicating information, including data, text, pictures, voice and video over long distance. See communications. . At the international trade fair for billing systems in London in May 1999, ConNova's customer management system BizManager was awarded two honourable honourable or US honorable Adjective 1. principled 2. worthy of respect or esteem honourably adv Honourable Adjective mentions, one for "Overall Best Contribution to Billing" and the other for "Most Innovative Billing Product". The ConNova Group AB (Publ) has been listed on the OM Stockholm Stock Exchange's O list since 1997. ------------------------------------------------------------ This information was brought to you by BIT http://www.bit.se The following files are available for download: http://www.bit.se/bitonline/2000/12/06/20001206BIT00760/bit0001.doc http://www.bit.se/bitonline/2000/12/06/20001206BIT00760/bit0002.pdf |
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